Today is the announcement of the rice producer price index, and it feels like a second brew
The October rice producer price index (PPI) will be announced today. The sudden sell-off of the US dollar following the slowdown in the US consumer price index (CPI) last week is still fresh in our minds. Yesterday, Waller warned the market against overreaction, saying, “The CPI is just one piece of data, and we need […]
At the beginning of the week, trading will start with a pause in dollar selling for the time being, and this week will be US PPI and retail sales
At the beginning of the week, the Oceania/Tokyo market has started trading after last weekend’s dollar-selling activity has paused for the time being. However, the dollar-yen exchange rate, which fell sharply from around 146 yen to the 138 yen level in the second half of last week, did not reach 140 yen at the beginning […]
The slowdown in the US CPI growth has caused a stir in the market, and the ripples are spreading today
Yesterday’s lower-than-expected growth in the US consumer price index triggered a strong dollar-selling reaction. The year-on-year growth in both headline (overall) and core sales was lower than expected, amplifying the market reaction. The dollar/yen fell sharply from around 146 yen to the 140 yen level at one point, a range of about 6 yen. Euro-dollar […]
Today’s attention is focused on the US consumer price index, does the headline and core direction match?
The US consumer price index for October will be announced today. The headline inflation is expected to be about +7.9% from the previous year, which is attracting attention as something that will have a major impact on the direction of future US monetary policy, and is expected to decline from the previous +8.2%. After peaking […]
The US mid-term elections are a hot topic, but the impact on the market is unclear; pay attention to statements by financial officials
Currently, the results of the US midterm elections are being reported one after another. Republicans are reported to have the upper hand in the House of Representatives, but surprisingly the Democrats seem to be putting up a good fight. The Senate remains contested. It has been pointed out that in states with a small difference […]
The focus is on the US consumer price index, but before that, the US midterm elections
This week, the market’s attention is focused on the US consumer price index on the 10th. There are also speculations about the slowdown in the pace of US interest rate hikes and the timing of future rate cuts. On the other hand, raising the terminal rate is also a hot topic. Amid mixed strengths and […]
Weekend started quietly, this week the US CPI on the 10th is the focus
The beginning of the week has started quietly. Last weekend’s U.S. jobs report showed a higher-than-expected increase in employment, while the unemployment rate rose more than expected. However, there was also an impression that the firmness of the employment market had weakened somewhat. The stock market remained strong, and there was a history of […]
Employment growth is expected to slow down, but the level is reasonable = US employment statistics
After this, the US employment statistics for October will be announced at 9:30 pm. At this week’s US FOMC meeting, while the rate hikes were likely to be reduced, Chairman Powell indicated that the terminal rate (the level at which the rate hike cycle ends) could be higher than market expectations. aggressive rate hike […]
Awaiting the results of the US FOMC, the market is set in neutral
Today, the results of the US FOMC meeting in November will finally be announced. The market consensus is that the rate hike will be 75 basis points. The market is focused on the size of the rate hike in December and the pace of future rate hikes. The market is likely to react sensitively to […]
Check the US indicators just before the US FOMC
Recently, the exchange rate has fluctuated due to speculation about the future pace of interest rate hikes by the US FOMC. At the FOMC meeting on the 2nd of this week, the market consensus is formed for a 75bp rate hike. The focus will be on the pace of interest rate hikes after December. […]